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    8951   JP3027670003

NIPPON BUILDING FUND INCORPORATION

(8951)
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Nippon Building Fund Incorporation : Notice Concerning Debt Financing

04/27/2021 | 02:33am EDT

April 27, 2021

To All Concerned Parties

Name of REIT Issuer:

Nippon Building Fund, Inc.

Koichi Nishiyama, Executive Director

(TSE Code : 8951)

Contact:

Asset Management Company

Nippon Building Fund Management, Ltd.

Yoshiyuki Tanabe, President and CEO

Person to Contact:

Yukio Handa, General Manager

(TEL. +81-3-3516-3370)

Notice Concerning Debt Financing

Nippon Building Fund, Inc. ("NBF") hereby provides notice that the following was decided as of April 27,

2021 concerning a long-term borrowing:

Description

1. Long-term Borrowing

Amount

Interest

Expected Date of

Methods of Borrowing,

Repayment Due

Lender

Repayment, Security

Borrowed

Rate

Implementation

Date

and Guarantee etc.

Unsecured,

unguaranteed,

The Iyo Bank, Ltd.

¥1 billion

0.320%

April 30, 2021

repayable in one lump

April 28,2028

sum on repayment due

date

2. Amount, Use and Expected Date of Expenditure of Proceeds

(1) Amount to be borrowed

¥1 billion

  1. Specific use of proceeds Refinancing of a long-term borrowing
  2. Expected date of expenditure April, 2021

- 1 -

3. Status of Borrowings etc. following the financing

(Unit: million yen)

Before

After

Increase /

Financing

Financing

Decrease

Short-term borrowings

0

0

0

Long-term borrowings

27,000

27,000

0

(Floating interest rate)

Long-term borrowings

466,500

466,500

0

(Fixed interest rate)

Bonds

57,000

57,000

0

Total

550,500

550,500

0

4. Other Matters Required for Investors to Appropriately Understand and Evaluate the Above Information

There is no change to the content of "Investment Risks" of the Securities Report submitted on March 30, 2021 with respect to the risks involved in repayment etc. of the current debt financing.

End

This English language notice is a translation of the Japanese language notice dated April 27, 2021 and was prepared solely for the convenience of, and reference by, overseas investors. Neither NBF nor Nippon Building Fund Management, Ltd. makes any warranties as to its accuracy or completeness.

- 2 -

Disclaimer

Nippon Building Fund Inc. published this content on 27 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2021 06:32:04 UTC.


© Publicnow 2021
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Financials
Sales 2021 90 957 M 823 M 823 M
Net income 2021 37 866 M 342 M 342 M
Net Debt 2021 470 B 4 249 M 4 249 M
P/E ratio 2021 28,8x
Yield 2021 3,33%
Capitalization 1 144 B 10 346 M 10 342 M
EV / Sales 2021 17,7x
EV / Sales 2022 17,3x
Nbr of Employees -
Free-Float 83,7%
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Managers and Directors
Koichi Nishiyama Executive Officer
Motohiko Sato Supervisory Officer
Masaki Okada Supervisory Officer
Keiko Hayashi Supervisory Officer
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